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What is the average loan amount at Rutgers University Newark?

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For the academic year 2022-2023, total 341 full-time, first-time students (26% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 2,863 students (34% of all students) have received federal student loans and the average loan amount is $6,655 at Rutgers University-Newark.

Below tables show the number and amount by source of financial aid at Rutgers University-Newark.
All Undergraduate Student Financial Aid at Rutgers University-Newark
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid7,81294%$12,525
Pell Grants4,69756%$5,166
Federal Student Loans2,86334%$6,655
Beginning Students (Freshmen) Financial Aid at Rutgers University-Newark
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid1,23195%-
Grants or Scholarship from All Sources1,21294%$13,168
Federal Grants1,20093%$6,088
Pell Grants75658%$5,450
Other Federal Grants44434%$7,176
State/Local Grants67352%$8,293
Institutional Grants53241%$5,775
Student Loans34126%$6,475
Federal Student Loans34126%$4,955
Other Student Loans322%$16,201
see more grants, scholarship, student loans, and other financial aid stats

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